I'm trying to understand trading
Bitcoin and came across the term '0.01 lot size'. I want to know what this means in terms of Bitcoin trading and how it affects my trades.
6 answers
Margherita
Tue Dec 03 2024
A Standard Lot represents 100,000 units of the base currency in forex trading.
CryptoAce
Tue Dec 03 2024
Many brokers offer the flexibility to trade with fractional lot sizes.
CryptoAlchemy
Mon Dec 02 2024
Traders can deal in lot sizes as small as 0.01, or even lesser amounts.
Valentina
Mon Dec 02 2024
Fractional lot sizes are divided into several categories for convenience.
BlockchainBaron
Mon Dec 02 2024
Mini lots consist of 0.10 of a Standard Lot, providing a smaller trading unit.